PBOG vs. EVSD

Last updated Jun 25, 2026

PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and EVSD (Eaton Vance Short Duration Income ETF) are both exchange-traded funds - PBOG is a Energy Equities fund tracking the BITA Global Oil & Gas Select Index, while EVSD is a Short-Term Bond fund actively managed by Eaton Vance. PBOG is passively managed, while EVSD is actively managed. At a correlation of -0.36, they often move in opposite directions. PBOG charges 0.13%/yr vs 0.24%/yr for EVSD.

Performance

PBOG vs. EVSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and Eaton Vance Short Duration Income ETF (EVSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBOG achieves a 17.45% return, which is significantly higher than EVSD's 0.99% return.

PBOG

• 1D: -2.39%
• 1M: -11.89%
• YTD: 17.45%
• 6M: 18.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVSD

• 1D: 0.16%
• 1M: 0.45%
• YTD: 0.99%
• 6M: 1.12%
• 1Y: 4.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PBOG vs. EVSD - Yearly Performance Comparison

	2026 (YTD)	2025
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	17.45%	1.39%
EVSD Eaton Vance Short Duration Income ETF	0.99%	0.58%

Correlation

The correlation between PBOG and EVSD is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	-0.36

Return for Risk

PBOG vs. EVSD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PBOG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EVSD

EVSD Risk / Return Rank: 88
EVSD Sharpe Ratio Rank: 92
EVSD Sortino Ratio Rank: 95
EVSD Omega Ratio Rank: 94
EVSD Calmar Ratio Rank: 76
EVSD Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PBOG vs. EVSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and Eaton Vance Short Duration Income ETF (EVSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PBOG	EVSD	Difference
Sharpe ratio: Return per unit of total volatility	—	2.82	—
Sortino ratio: Return per unit of downside risk	—	4.42	—
Omega ratio: Gain probability vs. loss probability	—	1.59	—
Calmar ratio: Return relative to maximum drawdown	—	3.50	—
Martin ratio: Return relative to average drawdown	—	14.55	—

Drawdowns

PBOG vs. EVSD - Drawdown Comparison

The maximum PBOG drawdown since its inception was -17.22%, which is greater than EVSD's maximum drawdown of -1.26%. Use the drawdown chart below to compare losses from any high point for PBOG and EVSD.

Drawdown Indicators

	PBOG	EVSD	Difference
Max Drawdown Largest peak-to-trough decline	-17.22%	-1.26%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.26%	—
Current Drawdown Current decline from peak	-17.22%	-0.04%	-17.18%
Average Drawdown Average peak-to-trough decline	-3.95%	-0.19%	-3.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.30%	—

Volatility

Volatility by Period

	PBOG	EVSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.10%	1.57%	+22.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.10%	1.95%	+22.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.10%	1.95%	+22.15%

PBOG vs. EVSD - Expense Ratio Comparison

PBOG has a 0.13% expense ratio, which is lower than EVSD's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PBOG vs. EVSD - Dividend Comparison

PBOG's dividend yield for the trailing twelve months is around 0.15%, less than EVSD's 4.61% yield.

Position	TTM	2025	2024
EVSD Eaton Vance Short Duration Income ETF	4.61%	4.64%	2.91%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.15%	0.17%	0.00%

Frequently Asked Questions

Can I hold both PBOG and EVSD in my portfolio?

PBOG and EVSD have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBOG or EVSD?

On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBOG or EVSD?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.24% for EVSD.

Which ETF pays a higher dividend yield, PBOG or EVSD?

EVSD has the higher dividend yield at 4.61%, compared with 0.15% for PBOG.

What is the main difference between PBOG and EVSD?

PBOG is categorized as Energy Equities, while EVSD is Short-Term Bond. They also come from different issuers: Portfolio Building Blocks and Eaton Vance. Their fees differ too: 0.13% for PBOG and 0.24% for EVSD.